India's banking system is regulated by the RBI and the Banking Regulation Act, 1949.
Bank lending to single and group borrowers is limited to 15% and 30% respectively, with some exceptions..
Laws or regulations clarify the duties, responsibilities and powers of the banking supervisor and other competent authorities, if any, related to the supervision of banks‟ internal controls and enforcement of the relevant laws and regulations regarding criminal activities
Quickly access jargon-free overviews of 40+ major banking law and regulation — all at your fingertips
The Quick Reference Guide to Banking Laws and Regulations includes: ,Outlines of each law’s history, goals, and requirements
A cross-referenced table of contents to help you easily locate information by regulation or by statute
A suitable legal framework for banking supervision is also necessary, including :,provisions relating to authorization of banking establishments and their ongoing supervision; powers to address compliance with laws as well as safety and soundness concerns; and legal protection for supervisors
The present edition is being published with the idea of presenting some of the key concepts of banking law for students pursuing law, both for undergraduate and post graduate courses and other professional courses as well
The framework of the book has been designed keeping in mind the requirements of course work
National economic law
National economic law
